CONFISERIE HARDEMAN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CONFISERIE HARDEMAN
Largest movements
- Tangible fixed assets -€48,903
down €48,903 (-9.5%), from €515,569 to €466,666
of which Land and buildings: -€28,733
- Cash +€19,597
up €19,597 (+124%), from €15,845 to €35,443
mainly Other debts (+€188,885) and Depreciation (+€48,903)
- Receivables within one year -€9,003
down €9,003 (-96.2%), from €9,360 to €358
of which Trade receivables: -€7,211
- Short-term financial debts -€190,000
down €190,000 (-65.5%), from €290,000 to €100,000
- Other debts +€188,885
up €188,885 (+96.8%), from €195,115 to €384,000
- Reserves -€25,308
down €25,308 (-69.5%), from €36,432 to €11,124
of which Distributable reserves: -€25,308
- Advances received -€7,307
no longer reported in 2025 (was €7,307)
- Financial charges +€20,707
up €20,707 (+287%), from €7,217 to €27,925
- Gross operating margin -€8,183
down €8,183 (-8.8%), from €93,163 to €84,980
- Depreciation -€4,705
down €4,705 (-8.8%), from €53,608 to €48,903
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €565,799 | €527,356 | -€38,443 | -6.8% |
| Fixed assets | 21/28 | €518,789 | €469,886 | -€48,903 | -9.4% |
| Tangible fixed assets | 22/27 | €515,569 | €466,666 | -€48,903 | -9.5% |
| Land and buildings | 22 | €474,594 | €445,861 | -€28,733 | -6.1% |
| Plant, machinery and equipment | 23 | €36,854 | €17,142 | -€19,712 | -53.5% |
| Furniture and vehicles | 24 | €4,121 | €3,663 | -€458 | -11.1% |
| Financial fixed assets | 28 | €3,220 | €3,220 | = | 0.0% |
| Current assets | 29/58 | €47,010 | €57,471 | +€10,461 | +22.3% |
| Stocks and contracts in progress | 3 | €20,502 | €20,502 | = | 0.0% |
| Stocks | 30/36 | €20,502 | €20,502 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,360 | €358 | -€9,003 | -96.2% |
| Trade receivables | 40 | €7,211 | - | -€7,211 | |
| Other amounts receivable | 41 | €2,149 | €358 | -€1,791 | -83.4% |
| Cash at bank and in hand | 54/58 | €15,845 | €35,443 | +€19,597 | +124% |
| Deferred charges and accrued income | 490/1 | €1,302 | €1,168 | -€134 | -10.3% |
| Total equity and liabilities | 10/49 | €565,799 | €527,356 | -€38,443 | -6.8% |
| Equity | 10/15 | €55,032 | €29,510 | -€25,521 | -46.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,432 | €11,124 | -€25,308 | -69.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,572 | €9,264 | -€25,308 | -73.2% |
| Profit (loss) carried forward | 14 | - | -€214 | -€214 | |
| Amounts payable | 17/49 | €510,767 | €497,846 | -€12,921 | -2.5% |
| Amounts payable within one year | 42/48 | €510,767 | €497,846 | -€12,921 | -2.5% |
| Financial debts | 43 | €290,000 | €100,000 | -€190,000 | -65.5% |
| Credit institutions | 430/8 | €290,000 | €100,000 | -€190,000 | -65.5% |
| Trade debts | 44 | €15,694 | €11,787 | -€3,907 | -24.9% |
| Suppliers | 440/4 | €15,694 | €11,787 | -€3,907 | -24.9% |
| Advances received on contracts in progress | 46 | €7,307 | - | -€7,307 | |
| Taxes, remuneration and social security | 45 | €2,652 | €2,059 | -€592 | -22.3% |
| Taxes | 450/3 | €1,136 | €2,059 | +€923 | +81.2% |
| Remuneration and social security | 454/9 | €1,515 | - | -€1,515 | |
| Other amounts payable | 47/48 | €195,115 | €384,000 | +€188,885 | +96.8% |
| Remuneration, social security and pensions | 62 | €28,525 | €28,632 | +€107 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,608 | €48,903 | -€4,705 | -8.8% |
| Other operating charges | 640/8 | €4,628 | €4,707 | +€79 | +1.7% |
| Gross operating margin | 9900 | €93,163 | €84,980 | -€8,183 | -8.8% |
| Operating profit (loss) | 9901 | €6,402 | €2,738 | -€3,665 | -57.2% |
| Financial income | 75/76B | €61 | €0 | -€61 | -99.9% |
| Recurring financial income | 75 | €61 | €0 | -€61 | -99.9% |
| Financial charges | 65/66B | €7,217 | €27,925 | +€20,707 | +287% |
| Recurring financial charges | 65 | €7,217 | €27,925 | +€20,707 | +287% |
| Profit (loss) for the period before taxes | 9903 | -€754 | -€25,187 | -€24,433 | -3,241% |
| Income taxes | 67/77 | €217 | €334 | +€117 | +53.9% |
| Profit (loss) for the period | 9904 | -€971 | -€25,521 | -€24,550 | -2,528% |
| Profit (loss) for the period to be appropriated | 9905 | -€971 | -€25,521 | -€24,550 | -2,528% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.